- Leasing activity was stable in 2019, at roughly the same volume as in 2018.
- The West region exhibited the strongest leasing activity, with more than 100 million square feet leased for a fourth consecutive year.
- The tech industry once again dominated leasing activity, accounting for 27.6% of the major leases—up from 26.1% in 2018. Tech leasing totaled slightly less than leasing for the financial services, government and real estate combined.
- For a second consecutive year there were more than 25 large leases (over 400,000 sf) signed in 2019.